Dear readers, though I write and share my views on investing right here on SG Stocks Investing, I am also an avid reader of investing and finance websites and blogs. Against this current backdrop of the macro environment marked by Covid-19 and bearish economic indicator, I am surprised from my reading that some investors are still attempting to use fundamental and technical indicators to gain a good entry into the stocks markets and make some profits.
In my humble opinion, the entire stocks markets have been and continue to be volatile since the last financial meltdown that no amount of good fundamental analysis can predict the state of businesses going forward.
And also technical analysis is somewhat rendered obsolete in my opinion where the past performance is no longer an accurate predictor to the stock price when every instant of stock trading now is so unpredictable.
And I have also read Singaporeans turning to some professional help to invest their monies. In my humble opinion once again, it is always best to be your own master in managing your own monies; do it well, you can achieve better result than the professionals.
Perhaps, the greatest lesson right now is reserved for investors still pouring their monies into the stocks markets, not knowing that the next global financial correction is already in the making based on my own opinion.